HELOCs and home equity loans are up. Why are more people borrowing against their homes?
Both home equity lines of credit (HELOCs) and home equity loans are up in numbers, their originations rising in Q3 2024 by 6 ...
More Homes Are For Sale, But People Aren’t Buying
Despite more homes on the market, existing home sales surprisingly fell 4.9% in January as elevated mortgage rates and high ...
Ginnie Mae, stalwart of mortgage market, squeezed by DOGE
The departures have left a gaping hole in Ginnie Mae, founded in 1968 to make housing more affordable by allowing banks to ...
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January Existing-Home Sales Fall More Than Expected, NAR Data Show
Existing home sales in the US dropped more than projected in January amid elevated mortgage rates and house prices, according to data released Friday by the National Association of Realtors. Existing ...
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Northeast Ohio follows national home sales downward trend
One other data point worth noting in Northeast Ohio: while the average single-family home sale price dropped 8.5% from ...
January home sales fall as high mortgage rates, prices freeze out would-be buyers
Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...
Toll Brothers: High Mortgage Rates Are Going To Take A Toll On Demand
TOL's Q1 2025 earnings were mixed, with strong order growth but lower-than-expected EPS and uneven regional demand, reflecting mortgage rate impacts. Read more here.
High interest rates and looming tariff hikes have builders bracing for tough times
Inflation has hit the nation’s homebuilders hard as they face increased costs for supplies and labor. They are dealing with ...
Compass: Hold Rated As I Am Still Very Worried About The Risks
COMP reported ~$1.4 billion in revenue, driven by 25.9% y/y growth and market share gains, with strong agent retention and transaction growth. Read more here.